Bank Charges Functionality For Getting Demand Draft Or Pay Order From Bank
(Doc ID 467974.1)
Last updated on JANUARY 10, 2017
Applies to:Oracle HRMS (India) - Version 188.8.131.52 and later
Information in this document applies to any platform.
The client requirement is to deposit a 'Demand Draft' against the statutory deductions
- Provident Fund, LIC
- Income Tax
In India Payroll, there is a functionality to get the 'Demand Draft / Pay Order' from the bank by running the "Bank or Post Office Payment" process within India Localization.
The bank charges commission for the issue ofthe 'Demand Draft / Pay Order'.
How will the system calculate the charges and update the Bank Book for Reconcilation through Cash Management?
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document